Business, 16.07.2019 02:40, vanessa7676

The money supply, m, is the total value of all the cash and checking account balances in an economy. it is determined by the value of all the cash, b, the ratio, c, of cash to checking deposits, and the fraction, r, of checking account deposits that banks hold as cash:

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The money supply, m, is the total value of all the cash and checking account balances in an economy....